noun, plural pen⋅nies, (especially collectively for 2, 3) pence, adjective | 1. | a bronze coin, the 100th part of the dollars of various nations, as Australia, Canada, New Zealand, and the United States; one cent. |
| 2. | Also called new penny. a bronze coin and monetary unit of the United Kingdom and various other nations, the 100th part of a pound. Abbreviation: p |
| 3. | a former bronze coin and monetary unit of the United Kingdom and various other nations, the 12th part of a shilling: use phased out in 1971. Abbreviation: d. |
| 4. | a sum of money: He spent every penny he ever earned. |
| 5. | the length of a nail in terms of certain standard designations from twopenny to sixtypenny. |
| 6. | Stock Exchange. of, pertaining to, or being penny stock: frenzied speculation in the penny market. |
| 7. | a bad penny, someone or something undesirable. |
| 8. | a pretty penny, Informal. a considerable sum of money: Their car must have cost them a pretty penny. |
| 9. | Chiefly British Slang. spend a penny, to urinate: from the former cost of using a public lavatory. |
| 10. | turn an honest penny, to earn one's living honestly; make money by fair means: He's never turned an honest penny in his life. |
Penny
(Gr. denarion), a silver coin of the value of about 7 1/2d. or 8d. of our present money. It is thus rendered in the New Testament, and is more frequently mentioned than any other coin (Matt. 18:28; 20:2, 9, 13; Mark 6:37; 14:5, etc.). It was the daily pay of a Roman soldier in the time of Christ. In the reign of Edward III. an English penny was a labourer's day's wages. This was the "tribute money" with reference to which our Lord said, "Whose image and superscription is this?" When they answered, "Caesar's," he replied, "Render therefore to Caesar the things that are Caesar's; and to God the things that are God's" (Matt. 22:19; Mark 12:15).
penny
In addition to the idioms beginning with penny, also see in for a penny, in for a pound; pinch pennies; pretty penny; turn up (like a bad penny).